Investing

Ramit Sethi — Automating Finances, Negotiating Prenups, Disagreeing with Tim, and More (#371) – Self Improvement Article

“Most of us should spend less time on most decisions and we should spend a lot more time on a few key decisions.” — Ramit Sethi Ramit Sethi, (@ramit) author of the New York Times bestseller I Will Teach You To Be Rich, has become a financial guru to millions of readers in their twenties, thirties, and forties. He started his website, iwillteachyoutoberich.com, as a Stanford undergraduate in 2004, and he now hosts over a million readers per month on…

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Caterina Fake — Lessons from Flickr, Kickstarter, Etsy, and Much More (#360) – Self Improvement Article

Credit: Richard Morgenstein “I really am a big believer in people’s creativity flourishing when they come at things from a different direction and see things in a different way.” — Caterina Fake Caterina Fake (@caterina) is a long-time Silicon Valley pioneer. She is the Cofounder of Yes VC, a pre-seed and seed stage fund investing in ideas that elevate our collective humanity. Previously, she worked at Founder Collective as a Founder Partner, served as Chair of Etsy, and was the co-founder of Flickr. At Flickr, Caterina and…

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How a Solo 401(k) Can Transform Your Business and Save You Thousands in Taxes

While the perks of self employment are many, the drawbacks are often just as pronounced. In addition to being subject to the 15.3% self-employment tax and Federal Income Tax, freelancers and business owners are often at a disadvantage regarding their ability to fund their retirement through conventional means. Namely, they do not have access to employer funded 401(k) plans meaning that they often lose out on tens of thousands of dollars in tax deductions and investment revenue. However, after sitting…

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Peter Mallouk — Exploring the Worlds of Investing, Assets, and Quality of Life (#356)

“You spend the first 20 years of being rich accumulating all of this stuff. And then you’ll spend the next 20 years trying to get out of one thing after another to simplify your life.” — Peter Mallouk Peter Mallouk (@PeterMallouk) is the President of Creative Planning, one of the largest independent wealth management firms in America. Creative Planning provides wealth management services to clients, manages over $36 billion for clients in all 50 states and abroad, and has been featured…

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A Billionaire’s No-Brainer System For Knowing When to Buy Stocks

Most of the stocks in my core investment portfolio – my Legacy Portfolio – are dividend-paying stocks. And since I don’t rely on cash from those dividends for current income, my practice is to reinvest it. The common way this is done is automatically through a dividend reinvestment program (DRIP). That is an order you give to your broker to use the dividends of a stock to buy more of that same stock. When I designed the Legacy Portfolio (with…

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The 6 BIGGEST Myths About Creating Wealth (And the Truth that Will Make You Rich)

At 60, I meant to retire again, but got talked into going to work for someone who worked for someone who worked for me. (Don’t ask.) As co-founder of Palm Beach Research Group, I still write about wealth-building… But I’m older now and have more experience. I’d like to think that my observations and advice are somehow better now. At the very least, I’ve been able to go wider and deeper in terms of thinking about wealth, how it’s created,…

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